The Value of a Financial Advisor in Your Corner
Aug 19, 2024 ·
40m 42s
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
In this conversation, Mark and Suzanne discuss various topics related to personal finance and small business ownership. They touch on the importance of estate planning, the role of a financial...
show more
In this conversation, Mark and Suzanne discuss various topics related to personal finance and small business ownership. They touch on the importance of estate planning, the role of a financial advisor, the benefits of maxing out 401(k) contributions, and the need for small business owners to file a beneficial ownership report. They also emphasize the value of summer jobs and internships for young people, the strategic use of credit, and the importance of networking. The conversation concludes with a reminder to visit their website for more resources and information.
Takeaways
Sound Bites
00:00Estate Planning and Power of Attorney
05:31The Role of a Financial Advisor
15:05Maximizing 401(k) Contributions
18:19The Value of Summer Jobs and Internships
23:32Using Credit Strategically and Understanding Your Paycheck
30:36Small Business Ownership: Benefits and Filing Requirements
show less
Takeaways
- Estate planning is crucial for protecting your assets and ensuring a smooth transition for your loved ones.
- Having a dedicated financial advisor can provide valuable guidance and support in managing your finances.
- Maximizing contributions to your 401(k) can lead to significant tax advantages and long-term growth.
- Summer jobs and internships offer valuable opportunities for networking and gaining real-world experience.
- Using credit strategically and understanding your paycheck are important aspects of financial literacy.
- Small business ownership can provide additional income and tax benefits, but it requires careful planning and compliance with filing requirements.
Sound Bites
- "A durable power of attorney is the only power of attorney that works when you're incapacitated."
- "Having a financial advisor in your corner is important for navigating the complexities of personal finance."
- "Maximizing 401(k) contributions is like getting free money and offers significant tax advantages."
00:00Estate Planning and Power of Attorney
05:31The Role of a Financial Advisor
15:05Maximizing 401(k) Contributions
18:19The Value of Summer Jobs and Internships
23:32Using Credit Strategically and Understanding Your Paycheck
30:36Small Business Ownership: Benefits and Filing Requirements
Information
| Author | Suzanne Porske |
| Organization | Suzanne Porske |
| Website | - |
| Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company
Comments